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Conquering The Economy: Why Hard Works Beats Intelligence

Posted by Catherine Alford on Jan 21st, 2013 · 0 Comment

Conquering The Economy, job hunting, employment

Finding a job and/or keeping a job in this economy has little to do with how smart we are. It has everything to do with our perseverance and our ability to perform. There are a few exceptions to this rule (Dr. House on the popular TV show “House” comes to mind, but then again, he’s a fictional character.) Thus, most of us have to rely on our creativity, ingenuity, and unfailing work ethic if...
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Here are some simple guidelines that will help you build wealth:

1) Do the math. Get a budget and calculate your net worth

2) Get an emergency fund. Save at least 6 months worth of expenses

3) Limit costs. Spend no more than 30% of your income on housing

4) Max your retirement. Maximize contributions to your tax-deferred retirement accounts

5) Pay yourself first. Set aside money for yourself before you take care of your other bills

6) Set goals. Goal let you get ahead faster

7) Avoid high interest debt. Avoid credit cards, title loans and other usurious loans

8) Diversify. Diversity your assets.

Conquering The Economy: Why Hard Works Beats Intelligence

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